Description

This ETF is designed to mirror the performance of the MSCI ACWI SELECT SCREENED index, which comprises large and mid-capitalization companies from global developed and emerging markets. It implements strict Environmental, Social, and Governance (ESG) screening criteria, systematically excluding entities linked to controversial weapons, those with an MSCI ESG Rating of 'CCC' or no rating, and companies deriving certain revenues from tobacco, conventional weapons, nuclear weapons, civilian firearms, thermal coal, unconventional and/or arctic oil and gas extraction, or palm oil. Any issuer with an MSCI Controversies Score of 0 is also omitted. A core objective is to achieve a reduced greenhouse gas intensity when compared to its benchmark index. The index's composition is updated and reviewed on a quarterly basis. For further details on the index's selection and weighting methodology, please visit https://www.msci.com.